Emotions and Opportunities: The Interplay of Opportunity Evaluation, Fear, Joy, and Anger as Antecedent of Entrepreneurial Exploitation
Journal
Entrepreneurship Theory and Practice
ISSN
1042-2587
ISSN-Digital
1540-6520
Type
journal article
Date Issued
2012-01
Author(s)
Abstract
This research examines the interplay of opportunity evaluation and emotions as determinants of entrepreneurial exploitation using affect-as-information theory and the affective processing principle as conceptual bases. Three central assumptions are confirmed across two studies. The first is that the effects of opportunity characteristics on exploitation are mediated by evaluation. The second is that emotions influence exploitation decisions in addition to evaluation. Fear reduces exploitation, whereas joy and anger increase it. The third is that fear, joy, and anger influence evaluation's effect on exploitation with higher levels of fear reducing and higher levels of joy and anger increasing the positive impact of evaluation on exploitation.
Language
English
HSG Classification
contribution to scientific community
HSG Profile Area
SoM - Business Innovation
Refereed
Yes
Publisher
Wiley-Blackwell SSH
Publisher place
Malden
Volume
36
Number
1
Start page
69
End page
96
Pages
28
Subject(s)
Division(s)
Eprints ID
72678